7321 Madison Street Active Save Request In-Person Tour Request Virtual Tour
Forest Park,IL 60130
Key Details
Property Type Other Types
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,197 sqft
Price per Sqft $327
MLS Listing ID 11129251
Year Built 1926
Annual Tax Amount $96,905
Tax Year 2019
Lot Dimensions 136X60X132X93
Property Sub-Type Mixed Use
Property Description
Here is your opportunity to acquire a fully leased, Multi-tenant investment property in the heart of downtown Forest Park! 80% of the tenants have long term in places until 2026! Very stabilized asset that provides an investor a turn-key investment that has many long term tenants in place with a strong rental history. These include Jimmy John's, which has been in the building for 16 years and this location is one of the best producing locations for its franchisee. An IT consulting firm began in the building in 2009 and has expanded within the building over the past 10 years and just extended an additiona 5 years. Healy's West Side is a neighborhood institution with over 20+ years in Forest Park. Yo Taco is a Mexican restaurant that has 2 total locations.
Location
State IL
County Cook
Area Forest Park
Zoning COMMR
Interior
Heating Central Bldg Heat,Forced Air,Gas
Cooling Central Air
Exterior
Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Sewer-Storm Available,Water-Municipal,Water to Site
View Y/N true
Building
Dwelling Type Mixed Use
Story 2
Foundation Concrete Perimeter
Architectural Style Mixed Use
Structure Type Brick,Block
Others
Tax ID 15124340531004